POLY REAL ESTATE GROUP CO.,LTD (600048)

Oct 2008 Property Sales Hit RMB 2.58 Bln

The company's property sales reached 344,400 sq. meters, this October, while the sales & subscription amount hit RMB 2,582,000,000.

Over the first 10 months of 2008, the company reached an area of 2,104,700 sq. meters sold, an increase of 24.3% YOY, with the sales & subscription amount totaling RMB 16,735,000,000, up 18.58% YOY.

Due to uncertainties that exist within the selling process, there may be discrepancies between the above-mentioned data and data released in the company's regular reports; in which case, the latter data supersedes the former.

Board of Directors
11 Nov 2008


Source: Shanghai Stock Exchange

Date:11 Nov 2008

CN01/TW2/RL/JE/KM


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